SSAB AB (publ) (SSAAY)
| Previous close | 2.7500 |
| Open | 2.8550 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 2.8550 - 2.8550 |
| 52-week range | 2.5090 - 4.0100 |
| Volume | |
| Avg. volume | 2,967 |
| Market cap | 5.896B |
| Beta (5Y monthly) | 1.15 |
| PE ratio (TTM) | 5.39 |
| EPS (TTM) | 0.5300 |
| Earnings date | 24 Jul 2024 |
| Forward dividend & yield | 0.24 (8.60%) |
| Ex-dividend date | 25 Apr 2024 |
| 1y target est | N/A |
- Reuters
Sweden's SSAB to invest $4.8 billion in fossil-free steel mill
STOCKHOLM (Reuters) -Swedish steelmaker SSAB will invest 4.5 billion euros ($4.83 billion) in building a fossil-free mini-mill in Lulea, Sweden, the company said on Tuesday, more than previously expected as inflation and higher contingencies added to costs. SSAB, the biggest carbon emitter in both Sweden and Finland, says the project will ultimately have a positive impact on emissions and earnings. "The new mini-mill will have a better cost position with lower fixed costs, higher efficiency, shorter lead times and eliminated CO2 costs," SSAB said in a statement.
ZacksShould Value Investors Buy SSAB (SSAAY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
Are Investors Undervaluing SSAB (SSAAY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
